Nio Inc - ADR NIO shares are trading higher by 1.75% at $41.80 Monday morning after CLSA analyst Soobin Park has initiated coverage of the Chinese electric carmaker with a Buy rating and 12-month price target of $50.
Park expects Nio’s brand value, game-changing battery-swap model and growing battery services revenue to drive its top-line sales growth and become profitable in 2023 … Read More
Facebook, Inc. Common Stock FB shares are trading higher by around 0.4% at $302.30 after Credit Suisse analyst Stephen Ju maintained an Outperform rating on Facebook with a price target lifted from $330 to $371.
See also: How to Buy Nio Stock
Futu Holdings Ltd FUTU shares are trading higher by 0.8% at $145 after BofA Securities initiated coverage on the stock with a Buy rating and announced a price target of $195 per share.
Ocugen Inc OCGN shares are trading higher by 16% at $11.19 after the White House announced it would immediately make available specific raw materials needed by India to make COVID-19 vaccines.
Ocugen’s partner will charge twice as much as its main Indian rival AstraZeneca plc AZN.
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